BitMine Launches Stock Options Trading on NYSE, What Will Be the Impact?

Jakarta, Pintu News – On July 23, 2025, BitMine Immersion Technologies, a company focused on crypto mining and Ethereum (ETH) storage, announced that its shares are now available as options listed for trading on the New York Stock Exchange (NYSE) under the symbol “BMNR”.

These trades provide a wider opportunity for retail and institutional investors to speculate or offset their exposure to BitMine.

Check out the full information in this article!

Expanding Investor Access

With the commencement of options trading on the NYSE, BitMine opens the door wider for investors to get involved in the company’s continued growth. Thomas Lee, Head of Research at Fundstrat and Chairman of BitMine, stated that this is an important milestone for BitMine.

According to him, market confidence in BitMine’s long-term vision, particularly the mission to own 5% of the world’s Ethereum (ETH) supply, is increasing. Available options include a range of strike prices and expiry dates provided by the Options Clearing Corporation (OCC).

The OCC is responsible for clearing and regulatory obligations, ensuring that all trading processes run smoothly and in accordance with applicable standards.

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Business Model and Location of Operations

BitMine runs a hybrid business model that includes conventional mining infrastructure and consulting services. The company not only engages in synthetic Bitcoin (BTC) mining, but also provides advisory services and seeks to accumulate crypto assets through operations and capital market strategies.

BitMine’s mining operations are located in energy-efficient sites such as Trinidad and Texas, supporting both operational efficiency and environmental sustainability.

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Support from Tech Investors and Stock Rise

Investor interest in BitMine increased sharply after tech billionaire Peter Thiel announced a 9.1% stake in the company.

The backing from Thiel, who is a pioneer of investment in Bitcoin (BTC) and crypto startups, adds credibility to BitMine’s ambitious plans to stack Ethereum (ETH) stocks.

As a result of this announcement, BMNR shares increased by 1.04% in early Wednesday trading following the announcement.

Conclusion

With its shares now trading on the NYSE, BitMine can expect greater liquidity and investor demand. This move supports the company’s overall strategy to become an institutional leader in the Ethereum (ETH) sector, strengthening their position in the global market.

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This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Crypto Times. Bitmine Stock Begins Options Trading on NYSE. Accessed on July 24, 2025
• Featured Image: Microcaps